Broker Charged With Defrauding Customers: Enforcement
The SEC also charged a portfolio manager with diverting nearly $2 million to a personal account.
Advisors Worry About Risk in Rising Passive Inflows
All that money moving into a single asset class is concerning, said Eaton Vance's John Moninger.
Your Clients' Financial Well-Being Is More Than Their Finances: Morningstar
According to Morningstar, a person who isn’t both economically sound and emotionally well is not financially healthy.
Nuveen Adds Real Estate Allocation to TDF Series: Portfolio Products
In other product news, VictoryShares launches Dividend Accelerator ETF.
Bob Doll: How to Choose the Right Active Manager
Doll broke down the four factors that he believes make for successful active equity managers.
SEC Says New York Advisors Falsified AUM to Entice Investors: Enforcement
In other enforcement actions, the SEC charged an oil and gas promoter with misappropriating investor funds.
Helping Clients Be Charitable Is Good for Advisors’ Business: Foundation Source
A Foundation Source survey suggests that wealth managers need to be proactive with clients about philanthropic conversations.
4 Cool Fintech Tools Coming Out of NY Tech Day
This year’s NY TechDay brought in more than 575 startups, including several fintech influencers.
Galvin Concerned by State’s Use of Private Agencies to Collect Delinquent Taxes
“The government’s use of private collectors muddies the situation in the public’s mind,” Massachusetts Sec. Galvin warns.
Less Than Half of Americans Confident They’ll Reach Their Retirement Goals: AICPA
Only 5% of non-retired Americans have already reached their retirement goals.